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We develop an adaptive monotone shrinkage estimator for regression models with the following characteristics: i) dense coefficients with small but important effects; ii) a priori ordering that indicates the probable predictive importance of…

Methodology · Statistics 2015-05-08 Zhuang Ma , Dean Foster , Robert Stine

We propose a new estimator for the high-dimensional linear regression model with observation error in the design where the number of coefficients is potentially larger than the sample size. The main novelty of our procedure is that the…

Methodology · Statistics 2019-09-09 Alexandre Belloni , Abhishek Kaul , Mathieu Rosenbaum

We obtain a Stein characterisation of the distribution of the product of two correlated normal random variables with non-zero means, and more generally the distribution of the sum of independent copies of such random variables. Our Stein…

Probability · Mathematics 2024-09-11 Robert E. Gaunt , Siqi Li , Heather L. Sutcliffe

Insights into complex, high-dimensional data can be obtained by discovering features of the data that match or do not match a model of interest. To formalize this task, we introduce the "data selection" problem: finding a lower-dimensional…

Methodology · Statistics 2021-09-10 Eli N. Weinstein , Jeffrey W. Miller

We study principal components analyses in multivariate random and mixed effects linear models, assuming a spherical-plus-spikes structure for the covariance matrix of each random effect. We characterize the behavior of outlier sample…

Statistics Theory · Mathematics 2018-06-26 Zhou Fan , Iain M. Johnstone , Yi Sun

We consider the problem of combining data from observational and experimental sources to make causal conclusions. This problem is increasingly relevant, as the modern era has yielded passive collection of massive observational datasets in…

Methodology · Statistics 2020-05-19 Evan Rosenman , Guillaume Basse , Art Owen , Michael Baiocchi

We seek to improve estimates of the power spectrum covariance matrix from a limited number of simulations by employing a novel statistical technique known as shrinkage estimation. The shrinkage technique optimally combines an empirical…

Astrophysics · Physics 2009-11-13 Adrian C. Pope , István Szapudi

We propose a novel estimator for the principal component (PC) subspace tailored to the high-dimension, low-sample size (HDLSS) context. The method, termed Adaptive Reference-Guided (ARG) estimator, is designed for data exhibiting spiked…

Statistics Theory · Mathematics 2025-08-12 Dongsun Yoon , Sungkyu Jung

Stein showed that the multivariate sample mean is outperformed by "shrinking" to a constant target vector. Ledoit and Wolf extended this approach to the sample covariance matrix and proposed a multiple of the identity as shrinkage target.…

Methodology · Statistics 2014-12-08 Daniel Bartz , Johannes Höhne , Klaus-Robert Müller

We propose a flexible dual functional factor model for modelling high-dimensional functional time series. In this model, a high-dimensional fully functional factor parametrisation is imposed on the observed functional processes, whereas a…

Econometrics · Economics 2024-01-15 Chenlei Leng , Degui Li , Hanlin Shang , Yingcun Xia

We study the implications of including many covariates in a first-step estimate entering a two-step estimation procedure. We find that a first order bias emerges when the number of \textit{included} covariates is "large" relative to the…

Econometrics · Economics 2018-07-27 Matias D. Cattaneo , Michael Jansson , Xinwei Ma

The aim of this paper is to establish several deep theoretical properties of principal component analysis for multiple-component spike covariance models. Our new results reveal a surprising asymptotic conical structure in critical sample…

Statistics Theory · Mathematics 2013-03-26 Dan Shen , Haipeng Shen , Hongtu Zhu , J. S. Marron

Model-assisted regression estimation is fundamental in survey sampling for incorporating auxiliary information. However, when the auxiliary dimension grows with the sample size, the standard Generalized regression (GREG) estimator can…

Methodology · Statistics 2026-04-10 Yonghyun Kwon , Shu Yang , Jae Kwang Kim

The James-Stein (JS) shrinkage estimator is a biased estimator that captures the mean of Gaussian random vectors.While it has a desirable statistical property of dominance over the maximum likelihood estimator (MLE) in terms of mean squared…

Machine Learning · Computer Science 2020-06-24 Yifei Xing , Rudrasis Chakraborty , Minxuan Duan , Stella Yu

Scalability of statistical estimators is of increasing importance in modern applications and dimension reduction is often used to extract relevant information from data. A variety of popular dimension reduction approaches can be framed as…

Machine Learning · Statistics 2013-11-07 Stoyan Georgiev , Sayan Mukherjee

In recent years, sparse principal component analysis has emerged as an extremely popular dimension reduction technique for high-dimensional data. The theoretical challenge, in the simplest case, is to estimate the leading eigenvector of a…

Statistics Theory · Mathematics 2016-09-29 Tengyao Wang , Quentin Berthet , Richard J. Samworth

We estimate the global minimum variance (GMV) portfolio in the high-dimensional case using results from random matrix theory. This approach leads to a shrinkage-type estimator which is distribution-free and it is optimal in the sense of…

Statistical Finance · Quantitative Finance 2023-04-19 Taras Bodnar , Nestor Parolya , Wolfgang Schmid

The family of rank estimators, including Han's maximum rank correlation (Han, 1987) as a notable example, has been widely exploited in studying regression problems. For these estimators, although the linear index is introduced for…

Statistics Theory · Mathematics 2019-08-15 Yanqin Fan , Fang Han , Wei Li , Xiao-Hua Zhou

We address a classical problem in statistics: adding two-way interaction terms to a regression model. As the covariate dimension increases quadratically, we develop an estimator that adapts well to this increase, while providing accurate…

Methodology · Statistics 2023-09-26 Mark A. van de Wiel , Matteo Amestoy , Jeroen Hoogland

Principal component analysis is a versatile tool to reduce dimensionality which has wide applications in statistics and machine learning. It is particularly useful for modeling data in high-dimensional scenarios where the number of…

Methodology · Statistics 2022-08-18 Xiaoyu Hu , Fang Yao